Location: United Kingdom
Luxury projects put London at the top of the global construction cost league
A preponderance of luxury resi developments has made central London the most expensive place to build in the world, according to a new report, as the capital's high-end homes market is "reaching a capacity…
80% of units in four new developments ‘sold to foreign buyers’
In the latest twist in the whole "squeezed out" debate, reports have claimed that 80% of the units in a series of new Thameside developments have been bought up by foreign purchasers.
Finchatton strengthens senior team
Super-prime developer Finchatton has promoted Jiin Kim-Inoue to the role of Design Director, responsible for "leading and implementing the firm's global design strategy".
Jiin Kim-Inoue
‘Non-doms’ blamed for closure of Knightsbridge institution
Adding more fuel to the "lights-out London" debate, the owner of Knightsbridge restaurant Racine, which closed down last week, has laid the blame squarely on "non-doms" after reporting an exodus…
Instinctif buys up London property PR firm
Wriglesworth, one of the capital's top property PR agencies, has been snapped up by global consultancy Instinctif Partners to create a 90-strong UK team.
Instinctif Partners & Wriglesworth
Ballymore in £2.2bn joint venture with Malaysian investors
Big-spending Malaysian investors have backed Ballymore Group to develop three resi projects in London worth a whopping £2.2bn.
The Embassy Gardens lobby
House price growth slows – ONS
House prices across the UK went by an average of 10% in the year to November 2014, says the ONS, down a touch from October's +10.4% after just a 0.2% increase between October and November.
More luxury resi for Covent Garden as Capco strikes again on Bedford Street
Capital & Counties has continued its "tactical acquisition strategy" in Covent Garden with the bagging of yet another key site.
Royal Mail surplus sites valued at £1bn
City fund managers reckon the value of Royal Mail's portfolio of redundant sorting offices and sites has doubled in under two years.
Mount Pleasant sorting office
Pickles cracks down on unauthorised development
Council planning teams across the UK are being tooled up with a £1m war chest to stop unruly developers and homeowners in their tracks.
Pickles on the job
Chestertons moves into Saudi Arabia with a ‘significant new investment’
Chestertons has amped up its Middle Eastern presence with a joint venture with Saudi-based MEDAD Valuation International (part of the Najeeb Abdullatif Alissa Holding Company).
New flagship office for Waterfords
Home Counties estate agent Waterfords has moved into a new "flagship office" in Fleet after out-growing its old space.